AXIS Capital has announced the retirements of its Chief People Officer Noreen McMullan, and its Wholesale Chief Executive Officer (CEO) Carlton Maner.
Moving forward, AXIS has confirmed that McMullan will be succeeded by Lisa Pariot who will become Chief People Officer on January 1, 2024.
Following the transition, McMullan will continue work with AXIS through to March 31, 2024, taking on the role of a strategic advisor to the firm.
Pariot, her successor, has served as a member of the HR leadership team for eight years, most recently holding the role of Head of People Programs and Rewards.
Meanwhile, Maner will retire at the end of this year and in the months ahead, will work in partnership with Head of North America, Mike McKenna, in order to ensure a smooth transition.
In a statement, Vince Tizzio, President and CEO of AXIS Capital, said: “Today we are announcing the retirement of two widely respected and highly valued leaders within the AXIS organization, individuals who have contributed so much to our firm as well as the broader industry.
“We express our profound appreciation and gratitude to Noreen and Carlton for their exceptional leadership and contributions to AXIS, our people, and the larger profession. We are also very pleased to announce the promotion of Lisa Pariot, a talented leader who will only further grow our efforts to build a best-in- class HR function.”
Adding: “During her nearly ten-year tenure leading human resources at AXIS, Noreen has transformed and modernized the function while directly aligning our culture and talent management strategy with our business strategy. A trusted leader and partner, she guided the introduction of best practice approaches that have been integral in building a positive workplace environment and employer brand that makes AXIS stand apart in the industry.”
“A trailblazer within AXIS and the broader insurance profession, Carlton played a foundational role in launching and growing AXIS, and building our US Wholesale and E&S insurance business from the ground up. In addition to his contributions to AXIS, Carlton is a recognized leader within our industry and an impassioned advocate for improving diversity, equity, and inclusion within the profession, and in promoting careers in insurance to young professionals,” concluded Tizzio.
In related news, AXIS Capital recently announced the appointment of Kelly Beaudoin as Head of the company’s Partnership Office.
